KEY FINDINGS

Growing adoption of pets across the globe, a rise in per-capita income and increase in the demand for organic and premium pet food are factors that are expected to propel the Global Pet Food Market with a 2.70% CAGR over the forecast period of 2018 - 2026.

MARKET INSIGHTS

The market segmentation of the Global Pet Food market is done on the basis of distribution channels and category. The distribution channels for the global pet food market include veterinary clinics, internet, store-based retailing an others. The internet distribution channel is expected to grow significantly over the forecast period. By Category, the market is segmented into cat food, dog food and other pet food. Presently, the dog food market is dominating this segment.

REGIONAL INSIGHTS

Geographical segmentation of the global pet food market is done into Europe, North America, Asia-Pacific, Latin America and the Middle East and Africa. North America reigns this market. By the end of 2026, the market is predicted to generate the highest revenue share. Significant growth is also expected from the Asia-Pacific pet food market. A strong growth in the household income and willingness to spend more on premium pet food products are factors which are driving growth in this market. The premiumization trend in Europe has seen a dip in recent years. However, during the forecast period, the European pet food market is expected to soon catch up.